U.S. Gov’t is Monitoring Crypto, But Bitcoin May Fly Below Radar
The U.S. government has acknowledged monitoring the progression of cryptocurrencies. However, Bitcoin’s transparent public ledger and pseudonymity may allow it to fly under the radar. U.S. Gov’t Monitoring Bitcoin Since Beginning. CSRA Inc., which provides information technology services to the U.S. Department of Homeland Security, has confirmed to Newsweek that Bitcoin was under surveillance as early as its initial development. The biggest concern is that the peer-to-peer, trustless monetary network may lead to an unprecedented creation of an absolutely anonymous one. If a truly anonymous....
Related News
Bitcoin & the Blockchain is the first of a series of O'Reilly Radar Summits, one-day events on disruptive technologies that are on the cusp of commercial viability. This first Radar Summit will offer an overview of crypto currency, security and compliance, payments, smart contracts, and a glimpse into the future of bitcoin. The Summit will be held in the Herbst Pavilion at Fort Mason, a unique art, performance, and meeting space on San Francisco's waterfront in the Golden Gate National Recreation Area.
As blockchain technology expands to new horizons, there has been a significant rise in the frequency of cyberattacks and other malicious attempts, posing critical security concerns within the cryptoverse. Amidst the increasing demand for real-time monitoring solutions, PARSIQ, a fully-featured ecosystem of decentralized monitoring and automation services, has launched its newest product, TRACKR, explicitly developed […]
On Tuesday, the multinational financial services corporation Mastercard revealed that it is launching a new crypto monitoring product called Crypto Secure. The Crypto Secure software aims to leverage artificial intelligence (AI) algorithms in order to help banks and crypto-centric debit card issuers identify fraudulent crypto transactions. Mastercard, Ciphertrace Introduce New Crypto Monitoring Product Called Crypto Secure Mastercard (NYSE: MA) has introduced a new piece of software that leverages blockchain surveillance tactics and AI to identify fraudulent crypto transactions. The....
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM.
Amex, Visa, Citi, Paypal Invest in TRM Platform
Crypto transaction monitoring and forensics platform TRM announced Tuesday investments from major financial institutions in its Series B funding round.
The company has raised $60 billion from leading financial institutions, including American....
The head of Russia’s largest bank, Sberbank, has warned that Russia risks falling behind in technological innovation if it bans virtual currencies and their underlying blockchain technology. Gov’t Should ‘Not Get in the Way’. It is “critically important” for the government to not get in the way of groundbreaking technologies, according to Sberbank CEO,....